One of the P2P lending sites that I think is not used enough by lenders is Lending Works*, which does personal loans to creditworthy borrowers – mostly prime borrowers. Why are lenders ignoring Lending Works? I think Lending Works just doesn’t appear, at first site,…
Recently, one borrower at ArchOver* suffered severe trouble. This borrower is so large that I shall argue it represents something like 8% of ArchOver’s entire historical (corrected) loan book. That is too much. What happened with this borrower? Every borrower and every bad debt has…
HNW Lending offers many loans with exceptionally high-quality security to protect you against losses. This means that the borrower owns properties or possessions that are easy to value and that are worth much more than the loan amount. For a good proportion of these loans,…
ArchOver* is now the latest established P2P lending site to introduce auto-lend combined with auto-diversification. The ArchOver Investment Plan, as it is called, does three very useful things, the third is about the type of diversification on offer, which is a feature that deserves expanding on….
Crowd2Fund*, the business loans P2P lending site, has now started to publish its full loan book with detailed information about every loan that has been made through its website. It’s fair to say I now understand Crowd2Fund far better than I did just two weeks…
New loans continue to include a high proportion of very attractive senior loans under 50% LTV. (If you don’t understand what that means for lenders, I’ll explain below.) HNW Lending acts rapidly to recover debts that might turn bad, which dramatically improves bad-debt recovery results….
Proplend has launched an auto-lend feature for its “tranche A” property loans, whether you lend through its regular account or its IFISA. Proplend’s tranche A loans are for a maximum of 50% of the property’s valuation. Many loans are against properties that are earning income for…
LendingCrowd’s Growth and Income peer-to-peer lending accounts, including the IFISA versions, have now earned “Excellent” 4thWay PLUS Ratings. Previously, just LendingCrowd’s Self Select lending account and IFISA had earned a rating. Why have these accounts been upgraded so soon? The two LendingCrowd* accounts have been…
When is a site allowed a rating? All P2P lending sites and P2P IFISA providers that supply enough information about themselves, and that have a long enough history, are assessed to see if they can earn a rating. We’ve listed the providers that have earned…
[orangebox title=”Page Summary – 2 Minute Read”] 4thWay’s credit-investment specialists, bank risk-modelling experts and investors first developed the peer-to-peer lending and P2P IFISA ratings system in 2014. 4thWay PLUS Ratings incorporate both the rewards – the interest you earn – as well as the biggest risk…
From now on, just Funding Circle itself and the partner it has commissioned, AltFi, will be able to access and assess the details of all the loans Funding Circle has ever made. Funding Circle has removed access to this powerful and important data for the…
As of today – the day we upgraded our ratings system – a new entrant to 4thWay’s PLUS Ratings is LendingCrowd. LendingCrowd* has completed over £34 million since 2014 in business loans and it offers an early exit if you are able to sell your…
Just for a bit of quick background on HNW Lending, it does short-term property loans and development loans, as well as asset-backed loans (see info box), to individual borrowers who are rich in assets and property. It pays around 6% to 10% interest. There have…
IFISA and peer-to-peer lending website Crowd2Fund, which offers business lending, has this month started publishing a bit more information about how its loans have performed in the three years or so that it has been matching borrowers and lenders together. So I’m taking a look…
Peer-to-peer lending is lending directly to individuals or businesses, including, sometimes, property owners. IFISAs is usually the same, with the advantage that any interest you earn and gains you make are always tax free. However, there can be a minor catch to watch out for….
We’ve provided you with a lot of information on peer-to-peer lending sites in our very detailed comparison service since 2014. And that includes IFISAs since the first one was released. However, we’ve now created a separate IFISA comparison service to make it easier, and added…
New Lending Works* IFISA customers can earn between £50 and £500 cashback, if you transfer cash ISA, share ISA or IFISA cash into the Lending Works IFISA. This is a very limited time exclusive offer. Even we don’t know how long we can exclusively offer it…
Both of Lending Works’ lending accounts receive the top rating and a highly favourable review from our experts. But I’ll tell you now that there’s not an ocean’s difference between them. Still, if you’re a keen lender, some small differences in repayment timing, interest rates…
A long question from 4thWay reader Pete Harper about Funding Circle. Pete Harper, 4thWay user: How do you all feel about Funding Circle and their bad debts these days? I decided about 6 months ago to pull out of FC because of what seemed…
When considering P2P lending websites that focus exclusively on straightforward UK personal loans, you’ve basically got the choice between Zopa, Lending Works*, Lendable and Madiston LendLoanInvest. Which is the best personal loans P2P lending site? Lendable provides no information on which anyone can assess the…
